Hello friends
Can anyone plz guide me whether CENVAT CREDIT be used for the payment of Service Tax under compostion schemes given under rule 6 of Service Tax Rules like in case of life insurance business 3.5% premium, and in case of lottery Rs. 8200 or incase of foreign exchange transactions or whether the tax calculated here is required to be paid in cash?
Thanking you in advance
| Originally posted by : ARUNKALIA | ||
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Hello friends Can anyone plz guide me whether CENVAT CREDIT be used for the payment of Service Tax under compostion schemes given under rule 6 of Service Tax Rules like in case of life insurance business 3.5% premium, and in case of lottery Rs. 8200 or incase of foreign exchange transactions or whether the tax calculated here is required to be paid in cash? Thanking you in advance |
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find attached the PDF file for your reference
CAclubindia
